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December 2003

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Monday, December 1, 2003

Detroit Auto Maker to Begin to Sell Spark Mini-Car in 14 Chinese Cities

Detroit Auto Maker to Begin to Sell Spark Mini-Car in 14 Chinese Cities

SHANGHAI, China December 1, 2003; The AP reported that General Motors Corp. plans to start selling the Chevrolet Spark, its first Chevy-branded passenger car built and sold in China, in 14 Chinese cities next week. The mini-car is the debut product of GM's joint venture with Shanghai Automotive Industry Corp. and Wulin ... Continue reading

Kmart Hires DaimlerChrysler VP to Be CFO

Kmart Hires DaimlerChrysler VP to Be CFO

TROY, Mich. December 1, 2003; AP reported that Kmart Holding Corp. announced Monday that James D. Donlon III, a former DaimlerChrysler AG vice president, will join the company as chief financial officer and senior vice president. Kmart also announced that John D. Goodman will join the company as chief apparel officer. ... Continue reading

Attorneys for Investor Kirk Kerkorian Accuse DaimlerChrysler of Fraud at Start of Trial

Attorneys for Investor Kirk Kerkorian Accuse DaimlerChrysler of Fraud at Start of Trial

WILMINGTON, Del. December 1, 2003; Dee-Ann Durbin writing for the AP reported that lawyers for Kirk Kerkorian claim the investor was duped out of billions of dollars in the merger of DaimlerChrysler AG, but the auto company said Kerkorian supported the deal and grew disgruntled only when his shares lost value. The clai ... Continue reading

Carolina Dealers Announce Winner of the Pick-up Giveaway

Carolina Dealers Announce Winner of the Pick-up Giveaway

CHARLOTTE, N.C., Dec. 1 -- During the month of September the Carolina Ford Dealers conducted an F-150 Giveaway throughout North and South Carolina. The contest was simple, come by one of the participating 167 Ford Dealerships during the month and register to win the all-new 2004 F-150! Over 12,000 entries were collecte ... Continue reading

CITGO's new SUPERGARD Says Something Nice Today, Spoil an Engine

CITGO's new SUPERGARD Says Something Nice Today, Spoil an Engine

CITGO's new SUPERGARD(R) Synthetic Motor Oil balances superior synthetic base fluids with advanced additives to provide the ultimate protection for today's high-performance gasoline engines TULSA, Okla., Dec. 1 -- CITGO Petroleum Corporation's new CITGO SUPERGARD Synthetic Motor Oil is the perfect way to spoil today's ... Continue reading

Subaru Teams With Nordica - Partnership Enhances Subaru Master the Mountain Program

Subaru Teams With Nordica - Partnership Enhances Subaru Master the Mountain Program

CHERRY HILL, N.J., Dec. 1 -- Subaru of America, Inc., the only car company that offers symmetrical all-wheel drive as standard equipment on every vehicle in its product line, today announced a new marketing partnership with Nordica USA. Under the terms of the partnership, Nordica USA will officially join the Subaru Mas ... Continue reading

Detroit Auto Maker Racing Wins Championships in 2003

Detroit Auto Maker Racing Wins Championships in 2003

Contacts: Reilly Brennan 248-642-2700 x225 rbrennan@g-2communications.com Mike Stoller 313-665-2445 michael.stoller@gm.com For more information: http://media.gm.com/gmracing GM Racing Adds To Its Worldwide Trophy Case In 2003 Group captures championships in stock car, drag and sports car racing DETROIT - Long a world l ... Continue reading

Power Chips to Drive Thermionic Car of The Future

Power Chips to Drive Thermionic Car of The Future

GIBRALTAR, Iceland--Dec. 1, 2003--A hybrid electric automobile using thermionic devices to drive electric motors could provide an efficient and low cost alternative to current designs for hybrid electric vehicles. Power Chips plc (PWCHF), a majority-owned subsidiary of Borealis Exploration Limited (BOREF), announces th ... Continue reading

Shav Glick Award Nominees Named

Shav Glick Award Nominees Named

MOTOR RACING LEGENDS NOMINATED FOR EAGLE ONE-SHAV GLICK AWARD Lexington, KY, December 1, 2003 -- Joe Leonard, Chris Pook, Don Prudhomme, Les Richter and Roger Ward have been nominated for the fifth annual Eagle One-Shav Glick Award. The award, presented by the car-care products company, recognizes distinguished achieve ... Continue reading

Sport Compact Only Night Offers Racers A Legal Alternative to City Streets

Sport Compact Only Night Offers Racers A Legal Alternative to City Streets

EVENT: Sport Compact Only Nights Special Event DATE/TIME: Saturday, December 6, 7:00 PM to Midnight LOCATION: Firebird International Raceway, Chandler, AZ CONTACT: Tony Perez, SCO Nights Media Coordinator 602-454-9400 or email press@dragracing.com Last month brought news of the largest street racing bust in Valley hist ... Continue reading

Novotny to Lead Tire Makers Global Engineering & Manufacturing Technology

Novotny to Lead Tire Makers Global Engineering & Manufacturing Technology

AKRON, Ohio, Dec. 1 -- The Goodyear Tire & Rubber Company has named Robert A. Novotny to the position of vice president, Global Engineering & Manufacturing Technology, effective today. In this role, Novotny will report to Joseph M. Gingo, executive vice president, Quality Systems & chief technical officer, and Chris W. ... Continue reading

Way To Go Courtney! American Woman Road & Travel Editor-in-Chief to Present Monthly Automotive Reports on CNNfn

Way To Go Courtney! American Woman Road & Travel Editor-in-Chief to Present Monthly Automotive Reports on CNNfn

DETROIT, Dec. 1 -- American Woman Road & Travel magazine announced today that editor-in-chief Courtney Caldwell will increase her automotive reports to a monthly schedule on CNNfn's The FlipSide, a daily program that focuses on the broad financial needs and interests of daytime viewers. CNNfn reaches 25 million househo ... Continue reading

Timken Vice President W.J. Timken to Retire; Deb Miller Joins Company as Officer

Timken Vice President W.J. Timken to Retire; Deb Miller Joins Company as Officer

CANTON, Ohio, Dec. 1 -- The Timken Company today announced the retirement after 35 years of service of W.J. ("Jack") Timken, 61, vice president and officer. He will remain a member of the board of directors of the company, where he has served since 1971. (Logo: http://www.newscom.com/cgi-bin/prnh/19991012/TKRLOGO ) Deb ... Continue reading

Capital Automotive's Thomas D. Eckert and David S. Kay Named National Finalists for the 2003 Ernst & Young Entrepreneur of the Year Award

Capital Automotive's Thomas D. Eckert and David S. Kay Named National Finalists for the 2003 Ernst & Young Entrepreneur of the Year Award

MCLEAN, Va., Dec. 1 -- Capital Automotive REIT , the nation's leading specialty finance company for automotive retail real estate today announced that two of its founders, Thomas D. Eckert, President & Chief Executive Officer and David S. Kay, Senior Vice President, Chief Financial Officer & Treasurer, were named natio ... Continue reading

Magna in discussions with Car Maker regarding New Venture Gear

Magna in discussions with Car Maker regarding New Venture Gear

AURORA, ON, Dec. 1 -- Magna International Inc. (TSX: MG.A, MG.B; NYSE: MGA) announced today that it is in discussions with DaimlerChrysler regarding the potential sale to Magna of a controlling interest in New Venture Gear with manufacturing operations in Syracuse, New York and Roitzsch, Germany. New Venture Gear produ ... Continue reading

Give the Gift He's Sure to Enjoy: Discount Tickets to the Upcoming New York Auto Show

Give the Gift He's Sure to Enjoy: Discount Tickets to the Upcoming New York Auto Show

NEW YORK, Dec. 1 -- Many men dream about getting a car as a gift for the holidays. Can't decide which brand of new car to give to your loved one this holiday season? Why not give them the choice of nearly one thousand of the hottest new cars and trucks on the planet? The New York International Auto Show is pleased to o ... Continue reading

Thor Reports Highest Ever Quarterly Sales, Net Income, E.P.S.

Thor Reports Highest Ever Quarterly Sales, Net Income, E.P.S.

JACKSON CENTER, Ohio, Dec. 1 -- Thor Industries, Inc. reported today record sales, net income, and E.P.S., each of which were the highest in any quarter for the company, for the first quarter ended October 31, 2003. Sales for the quarter ended October 31, 2003 were $490.4 million, up 21% from $406.3 million last year. ... Continue reading

Dover Motorsports Subsidiary Assigns Rights to Grand Prix of St. Petersburg to CART

Dover Motorsports Subsidiary Assigns Rights to Grand Prix of St. Petersburg to CART

February 2004 Event to be Rescheduled DOVER, Del., Dec. 1 -- Dover Motorsports, Inc. today announced that its wholly owned subsidiary, Grand Prix Association of Long Beach, Inc. ("Grand Prix"), has reached an agreement with CART, Inc. to transfer to CART certain assets and rights that Grand Prix has relative to the org ... Continue reading

Pedal Car Exhibition Offers Trip Down Memory Lane At Walter P. Chrysler Museum Through Jan. 11, 2004

Pedal Car Exhibition Offers Trip Down Memory Lane At Walter P. Chrysler Museum Through Jan. 11, 2004

AUBURN HILLS, Mich., Dec. 1 -- A nostalgic trip back to childhood days when people were taller, summers were longer and pedal cars provided travel to adventure is awaiting visitors of the Walter P. Chrysler Museum in Auburn Hills, Mich. "Metal You Can Pedal: Small Cars for Future Motorists," a special exhibition of 40 ... Continue reading

Scion Launches All-New 2005 tC Sports Coupe at the North American International Auto Show

Scion Launches All-New 2005 tC Sports Coupe at the North American International Auto Show

TORRANCE, Calif., Dec. 1 -- Scion, the new marque from Toyota Motor Sales, U.S.A., Inc., will stage the world premier of the Scion tC sports coupe at a press conference at the 2004 North American International Auto Show in Detroit. Sales of the tC, designed specifically for the U.S. market, will begin in June 2004 and ... Continue reading

Is This Sick Or What? Speedway Illustrated Magazine Granted NASCAR Promotional License - What Happened To Fair Access?

Is This Sick Or What? Speedway Illustrated Magazine Granted NASCAR Promotional License - What Happened To Fair Access?

Three Issues In 2004 Will Feature Special Coverage Of Major NASCAR Racing Series CAMDEN, Maine, Dec. 1 -- Performance Media LLC, publishers of Speedway Illustrated Magazine, have announced that an agreement has been reached with NASCAR for the publication of three special NASCAR licensed sections within three of Speedw ... Continue reading

BMW WilliamsF1 Team-Valencia test summary

BMW WilliamsF1 Team-Valencia test summary

Valencia Test: 25th ­ 28th November 2003 Summary: After the lifting of the test ban which has been in place since the end of September, winter testing got underway in earnest in Valencia for the BMW WilliamsF1 Team this week. Juan Pablo Montoya, Ralf Schumacher & Marc Gené shared testing duties with three chassis run ... Continue reading

IIHS SAYS 8 of 9 Midsize SUVs Get High Safety Marks

IIHS SAYS 8 of 9 Midsize SUVs Get High Safety Marks

WASHINGTON December 1, 2003; Dee-Ann Durbin writing for the AP reported that eight of the nine midsize sport-utility vehicles tested won the highest safety rating in new high-speed crash tests, according to results released Sunday. The Insurance Institute for Highway Safety ranked each vehicle based on its performance ... Continue reading

Atmel Targets Growing Passive Entry Go (PEG) Car Access Market

Atmel Targets Growing Passive Entry Go (PEG) Car Access Market

HEILBRONN, Germany, December 1 -- - For decentralised systems with fewer cables Atmel(R) Corporation announced today the availability of the new LF antenna driver IC ATA5277 for handsfree car access Passive Entry Go (PEG) applications. The new application-specific antenna driver device, which is the world's first such ... Continue reading

Nissan Europe Appoints New Senior Vice President

Nissan Europe Appoints New Senior Vice President

PARIS, December 1 -- Dominique Thormann has been appointed Senior Vice President, Finance and Administration of Nissan Europe, replacing Hitoshi Kawaguchi, who returns to Nissan in Japan to take up a new position. The appointment becomes effective 1 December 2003. In his new role, Dominique Thormann will be responsible ... Continue reading

Britney Spears Auctions Off Mazda RX-8 for Her Charity

Britney Spears Auctions Off Mazda RX-8 for Her Charity

- Car Stars in Britney's New Video, 'Me Against the Music;' Log Onto www.ebay.com/britney to Place Bid - IRVINE, Calif., Dec. 1 -- Britney Spears and Mazda North American Operations today announced the Mazda RX-8 driven by Britney in her new "Me Against the Music" video is being auctioned for charity on eBay. All proce ... Continue reading

ArvinMeritor Affirms Commitment to UK Site

ArvinMeritor Affirms Commitment to UK Site

TROY, Michigan, December 1 -- ArvinMeritor, Inc. announced today that it would remain at its Fordhouse Lane site in Birmingham, England, from which the business has operated for more than 30 years. The company currently produces passenger car latches and door modules in the main building, and will remain there as a ten ... Continue reading

Hayes Lemmerz International, Inc. Announces Completion of Exchange Offer For 10 1/2% Senior Notes Due 2010

Hayes Lemmerz International, Inc. Announces Completion of Exchange Offer For 10 1/2% Senior Notes Due 2010

NORTHVILLE, Mich., Dec. 1 -- Hayes Lemmerz International, Inc. announced today the completion of the offer by its subsidiary, HLI Operating Company, Inc., to exchange up to $250,000,000 aggregate principal amount of its outstanding 10 1/2% Senior Notes due 2010 for a like principal amount of its 10 1/2% Senior Notes du ... Continue reading

Microchip Technology Introduces New Low Pincount PIC MCUs That Offer Engineers Superior System-Level Performance

Microchip Technology Introduces New Low Pincount PIC MCUs That Offer Engineers Superior System-Level Performance

CHANDLER, Ariz.--Dec. 1, 2003-- Microchip Continues Its Domination of the Low Pincount Flash Market with the Introduction of Its New PIC Microcontrollers Microchip Technology Inc. , a leading provider of microcontroller and analog semiconductors, today announced three new PIC(R) Flash 8-bit microcontrollers (MCUs), whi ... Continue reading

Stand by for Action... Ford and Thunderbirds Are Go!

Stand by for Action... Ford and Thunderbirds Are Go!

-- Cinema audiences will be asked to 'Stand By' this Christmas with a sneak preview of a FAB new adventure film - THUNDERBIRDS! You can reach the story directly by going to http://www.newstream.com/cgi-bin/display_story.cgi?11553 This multimedia news story is for free and unrestricted use on your news information site ... Continue reading

S-Y Systems Technologies, Inc. Announces Appointments: Robert McDonald to Sales Director and Tim Mailley to Business Development and Core Sales Manager

S-Y Systems Technologies, Inc. Announces Appointments: Robert McDonald to Sales Director and Tim Mailley to Business Development and Core Sales Manager

-- Robert McDonald was appointed sales director and Tim Mailley to Business Development and Core Sales Manager for S-Y Systems Technologies, Inc., a Siemens VDO Automotive and Yazaki North America joint venture company supplying electrical and electronic distribution systems, announced Robert Cowley, Executive Director ... Continue reading

Uncovering Aston's New DB9 Convertible and Mercedes' American A-Class; X3 Challenges Porsche's V6 Cayenne; Toyota Finds Fountain of Youth in Scion; Nissan on Top; Another Shake-Up at Chrysler -- and More on TheCarConnection.com

Uncovering Aston's New DB9 Convertible and Mercedes' American A-Class; X3 Challenges Porsche's V6 Cayenne; Toyota Finds Fountain of Youth in Scion; Nissan on Top; Another Shake-Up at Chrysler -- and More on TheCarConnection.com

DETROIT, Dec. 1 -- They're redefining the concepts of both luxury and performance. But which one deserves off-road bragging rights as king-of-the-luxury-ute hill? Check for yourself as TheCarConnection challenges both BMW's new X3 and Porsche's updated, V6 Cayenne. Then go for a spin in the all-new Chevrolet Aveo. And ... Continue reading

Bankers Integration Group Announces State-of-the-Art Online Financing for Auto Dealers and Their Customers

Bankers Integration Group Announces State-of-the-Art Online Financing for Auto Dealers and Their Customers

DETROIT, Dec. 1 -- Bankers Integration Group, a state-of-the-art decisioning engine that approves auto loans in real time, announced that it has added National City Bank, a top-ten automotive finance lender, to its roster of lenders. This alliance will provide faster online auto loans and less paperwork to the 2,900 ne ... Continue reading

Quantum3D Independence and AAgility Image Generator Solutions Selected by the U.S. National Advanced Driving Simulator

Quantum3D Independence and AAgility Image Generator Solutions Selected by the U.S. National Advanced Driving Simulator

Quantum3D IG Solutions to Support United States' Premier Research-Oriented Driving Simulation Facility ORLANDO, Fla., Dec. 1 -- Quantum3D(R), Inc., a leading provider of open architecture, realtime 3D visual computing solutions for the Visual Simulation and Training (VST) and Embedded Visual Computing (EVC) markets, an ... Continue reading

Raser Technologies Announces 3 Times Power Density Improvement in Electric Motors Validated by Independent Lab

Raser Technologies Announces 3 Times Power Density Improvement in Electric Motors Validated by Independent Lab

PROVO, Utah--Dec. 1, 2003--Raser Technologies Inc. (OTC BB: RSTG) announces the company has achieved a 300 percent power density improvement from a popular standard industrial electric motor. Raser Technologies recently announced a breakthrough in advanced electric motor design that has shown in tests to improve motor ... Continue reading

S-Y Systems Technologies, Inc. Announces Appointments: Robert McDonald to Sales Director and Tim Mailley to Business Development and Core Sales Manager

S-Y Systems Technologies, Inc. Announces Appointments: Robert McDonald to Sales Director and Tim Mailley to Business Development and Core Sales Manager

DEARBORN, Mich.--Dec. 1, 2003--Robert McDonald was appointed sales director and Tim Mailley to Business Development and Core Sales Manager for S-Y Systems Technologies, Inc., a Siemens VDO Automotive and Yazaki North America joint venture company supplying electrical and electronic distribution systems, announced Rober ... Continue reading

AOL for Broadband Races Into Lead Sponsor Position of NASCAR 3D: The IMAX Experience

AOL for Broadband Races Into Lead Sponsor Position of NASCAR 3D: The IMAX Experience

Narrator Kiefer Sutherland toplines the IMAX(R) film slated for March 12, 2004 LOS ANGELES, Dec. 1 -- Warner Bros. Pictures, IMAX Corporation , the National Association for Stock Car Auto Racing (NASCAR), and America Online, Inc. announced today that the upcoming IMAX(R) 3D film, NASCAR 3D: The IMAX Experience, will be ... Continue reading

TBC Corporation Completes Acquisition of National Tire & Battery From Sears

TBC Corporation Completes Acquisition of National Tire & Battery From Sears

MEMPHIS, Tenn., Dec. 1 -- TBC Corporation , one of the nation's largest marketers of automotive replacement tires, today announced that it has completed its previously announced acquisition of National Tire & Battery ("NTB") from Sears, Roebuck and Co. . Through 225 retail tire and automotive centers in 20 states, NTB ... Continue reading

Eufora MasterCard Gives Away $30,000 GMC Extended Cab 4X4; Oregon Cardholder Fourth Winner in Four Months

Eufora MasterCard Gives Away $30,000 GMC Extended Cab 4X4; Oregon Cardholder Fourth Winner in Four Months

SCOTTSDALE, Ariz., Dec. 1 -- It's that time of the month and Eufora MasterCard is at it again. Benjamin Hein got the phone call from Eufora MasterCard (http://www.eufora.com/) informing him that he had won his choice of one of twenty-five $30,000 cars. The lucky 49-year-old Eufora cardholder from Portland, Oregon had o ... Continue reading

AutoTrader.com Selects MicroStrategy Report Services For Enterprise Reporting and Analysis

AutoTrader.com Selects MicroStrategy Report Services For Enterprise Reporting and Analysis

New Technology to be Deployed to Over 800 Users MCLEAN, Va., Dec. 1 -- MicroStrategy(R) Incorporated , a leading worldwide provider of business intelligence software, today announced that AutoTrader.com has selected MicroStrategy Report Services(TM) for enterprise-wide reporting and analysis. Created in 1997, AutoTrade ... Continue reading

Toyota Invites Texas Teachers to Visit Japan

Toyota Invites Texas Teachers to Visit Japan

* Texas teachers among 50 U.S. high school educators to be chosen to participate in all-expenses-paid trip to Japan * Applications sought and travel opportunity given to educators teaching in the eight states where Toyota has major operations TORRANCE, Calif., Dec. 1 -- As part of Toyota's commitment to being a communi ... Continue reading

Prolong Completes $2.5 Million Financing; Plans Focus on Sales Growth Initiatives

Prolong Completes $2.5 Million Financing; Plans Focus on Sales Growth Initiatives

IRVINE, Calif.--Dec. 1, 2003--Prolong Super Lubricants, Inc., an operating subsidiary of Prolong International Corporation (AMEX:PRL), a technology driven consumer products holding company and manufacturer and marketer of patented consumer automotive, commercial/industrial and household products, today announced that i ... Continue reading

Grammer Automotive Opens Office in Metro Detroit Area

Grammer Automotive Opens Office in Metro Detroit Area

TROY, Mich.--Dec. 1, 2003--Grammer AG - Automotive, a leading supplier of specialty automotive seating systems, has opened a sales and engineering facility in Troy, Michigan, in the greater Detroit area. "This office will help us expand the flow of information to our customers, the automotive interior systems suppliers ... Continue reading

Kelley Blue Book Names Ford F-150 Best Redesigned Vehicle of 2004

Kelley Blue Book Names Ford F-150 Best Redesigned Vehicle of 2004

IRVINE, Calif., Dec. 1 -- The editors of Kelley Blue Book, ( www.kbb.com ) the most trusted resource for vehicle information, have reviewed all of the 2004 model year vehicles that underwent a significant redesign and today named the 2004 Ford F-150 Best Redesigned Vehicle for 2004. Each year moving forward the editors ... Continue reading

Stoneridge CEO to Resign at End of Year

Stoneridge CEO to Resign at End of Year

* Chairman D.M. Draime Will Become Interim CEO and President * Company Promotes Gerald V. Pisani to Chief Operating Officer WARREN, Ohio, Dec. 1 -- Stoneridge, Inc. today announced that president and chief executive officer Cloyd J. Abruzzo will resign from the Company, effective December 31, 2003, at which time he wil ... Continue reading

Hyundai Motor Co. November 2003 Sales Up Vs Year Ago

Hyundai Motor Co. November 2003 Sales Up Vs Year Ago

SEOUL December 1, 2003; Dow Jones reported that Hyundai Motor Co. , South Korea's largest automaker, Monday said its sales rose 5.4% on year to 162,367 units in November, on the back of robust overseas sales. Hyundai Motor sold 154,078 units in the year-ago period. Domestic sales, however, declined 17.6% on year to 49, ... Continue reading

Kerkorian, DaimlerChrysler Head to Court Over 1998 "Merger Of Equals"

Kerkorian, DaimlerChrysler Head to Court Over 1998 "Merger Of Equals"

DETROIT December 1, 2003; John Porretto writing for the AP reported that one side calls it a merger of equals, a trans-Atlantic union that created a global automotive giant. The other claims the deal was a veiled takeover, orchestrated to bilk shareholders out of billions in compensation. A three-year battle between bi ... Continue reading

Daimler's Schrempp To Testify In Kerkorian Suit

Daimler's Schrempp To Testify In Kerkorian Suit

Auburn Hills December 1, 2003; The WSJ reported that barring a last-minute deal, billionaire investor Kirk Kerkorian and DaimlerChrysler AG Chairman Jurgen Schrempp will testify against each other in a federal court in Delaware in a case that pits the casino mogul who once sought control of Chrysler Corp. against the G ... Continue reading

Insurance news release

Insurance news release

AutoClaims Direct Releases DirectLink Appraisal Management System December 1st, 2003 Scottsdale-based Auto Claims Direct announced the release of the proprietary DirectLink web application and database. AutoClaims Direct Incorporated provides an auto damage online appraisal solution to the insurance claims industry. As ... Continue reading

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